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A U.S. bank lends 100 million when the /$ exchange rate is 1.50 for $1. The interest rate is fixed at 6%, and the loan

A U.S. bank lends 100 million when the /$ exchange rate is 1.50 for $1. The interest rate is fixed at 6%, and the loan is for one year. If, in a year, the exchange rate is 1.60 for $1, what is the bank's dollar rate of return on the loan

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